Unit 7, 62 Abbott Street, Cairns City is located in the city centre complex of "IL PALAZZO Boutique Hotel" and offers a fantastic holiday let, Airbnb or Rental income. This is a prime opportunity to purchase a centrally located inner-city property. * First floor unit located in a prime inner-city boutique hotel * Fully furnished - inventory list available on request * Street facing with courtyard * Tidy kitchen with electric cooking * Open plan lounge and dining area * Split-system air-conditioning in living area * One bedroom with built-in-robe * Dual access bathroom to bedroom and living area * Large bathroom/laundry furnished with washer/dryer * Walking distance to the Night Markets, Esplanade & Lagoon, Marina, cafes & restaurants, public transport and more * Positioned in a complex offering a central courtyard, heated pool with gazebo & BBQ, rooftop sundeck, lift, and on-site holiday letting management. Carpark available to rent for $150 per month. Strata Fees: $7,000 per annum (approx). Rates: $2,600 per annum (approx.) This property is currently part of the hotel letting pool. Recent pooling statements available on request. Potential Rental Income $399 per week. *Some images were taken at other units at Il Palazzo and are indicative of unit 7 only.